Rachel explains the thresholds at which income needs to be reported through a Self Assessment Tax Return will be changed to £3,000
Tax (Personal)
CGT on disposals of residential property
CGT in respect of gains on residential property must be reported and paid to HMRC within 60 days from completion – Rachel highlights a couple of things to be aware of.
HMRC Scam Warning ahead of January Self Assessment deadline
Rob reminds us to be alert to fraudsters, particularly with the self assessment deadline fast approaching at the end of January.
Can I claim tax relief for making a charitable donation?
Adam provides details about claiming relief via the Gift Aid scheme and gifting quoted shares and land to a charity.
VAT on Private School Fees and Boarding Services
Rob Case provides an overview on the recent VAT changes for Private schools
Tax policy released on Furnished Holiday Lets
Rob explains everything you need to know before you invest in a furnished holiday let from a tax perspective
Many couples may need to restart child benefit claims
The changes to the High Income Child Benefit Charge (HICBC) have taken effect from 6 April 2024. Read on to find out if it impacts you.
A summary of changes for trusts and estates
In the wake of a new tax year, we have compiled a summary of the changes that are coming in for trusts and estates from 6 April 2024.
Pre year end tax planning for individuals
Now is a good time to consider your personal tax planning opportunities if you haven’t already done so.
Autumn Statement round-up: MTD for ITSA
Rachel explains the changes to Making Tax Digital for Income Tax Self Assessment which have been announced today.
Autumn Statement round-up: Changes to National Insurance
Adam provides a summary of the National Insurance changes announced by the Chancellor.
Autumn Statement round-up: VAT & Personal Tax
Rob provides a summary of the announcements relating to VAT and Personal Tax.
How can the HMRC app help to boost your finances?
Find out more about how the HMRC app can help to check and manage your finances with details of support offered.
Will I get taxed when being reimbursed for charging my company car at home?
HMRC has published amended guidance regarding home charging of electric company cars which means that there will not be a separate charge to tax as a result.
What are the tax implications for child benefit if you earn over £50,000?
If you are claiming child benefit, it is important to be aware of this threshold which hasn’t changed with inflation as more parents are likely to get caught out by it.
HMRC have raised interest rates again as the base rate has increased
Rob gives a reminder of the changes which came into effect on 11 July 2023.
Can a staff summer party be tax-free?
Rachel explains the exemptions around having an annual event for staff whether it’s a summer barbeque or the Christmas party.
What can I use my Tax-Free Childcare account for?
Rachel reminds working parents that the Tax-Free Childcare account can include paying for a summer holiday club.
You don’t know what you don’t know!
Shaun explains the areas he explores to ensure businesses are getting the most out of their accountant.
HMRC targets Airbnb hosts as part of its Let Property Campaign
Rachel explains HMRC is targeting those in the short-term rental market so if you think you may have underdeclared your property income, now is the time to act.